Retirement plans for Michigan employers
Is your company retirement plan doing what you expect it to do?
For Michigan organizations with approximately 35 to 250 employees and $1 million to $15 million in plan assets, a focused review can identify questions involving services, fees, investments, plan roles, governance, or participant education. The scope and responsibilities of any engagement are defined by the applicable written agreement.
What we can review
Bring the pieces into one conversation.
Direct answers
Start with the question you asked.
Are our 401(k) fees reasonable?+
Reasonableness depends on services, plan size, participant count, investment structure, and comparable pricing. Review direct and indirect compensation and document the process used to evaluate it.
Are responsibilities clearly documented?+
They should be. Identify who selects and monitors investments, administers the plan, handles participant assets, and oversees providers, with agreements and meeting records supporting those roles.
Could participant education be more useful?+
Education is more useful when it addresses real participant decisions, is easy to access, and leads to measurable action. Review participation, savings behavior, engagement, and participant questions rather than meeting counts alone.
Does our provider still fit the plan?+
Compare service, technology, fees, investment support, compliance assistance, participant experience, cybersecurity, and responsiveness with today’s needs. A documented benchmark can show whether improvement requires a change.
Choose the employer need
Go directly to the conversation that fits your plan.
Your next step